TaxStats for postcode 3004 FY2013

Postcode 3004 includes Melbourne, St Kilda Road Central in Victoria, and is in the federal electorate of Melbourne.

In FY 2013 the ATO recorded 6,365 individuals in postcode 3004. Of these people, 6,275 made a taxable income or loss. 5,230 of the population paid a gross amount of tax. After tax offsets, 5,000 people actually paid a net amount of tax. There were 1,275 non-taxable people who paid net tax of $0.

Compare TaxStats of 3004 with VIC

3004 TaxStats FY2013%Ppl#Ppl3004
Total Individuals100%6,365
Salary or Wage 76%4,840$72,312$349,989,903
Gross Interest64%4,075$3,923$15,986,661
Unfranked Dividends9%590$1,996$1,177,525
Franked Dividends23%1,470$22,444$32,992,367
Dividend Franking Credit23%1,465$9,649$14,135,270
Capital Gains5%320$48,404$15,489,344
Termination Payouts2%130$19,966$2,595,516
Tips/Directors Fees etc14%900$10,104$9,093,518
Business Income8%535$34,009$18,194,632
Foreign Income7%425$2,812$1,195,224
Government payments3%175$5,173$905,338
Government pensions2%100$9,274$927,404
Total Income or Loss99%6,285$87,856$552,172,718
Charitable Gifts34%2,150$2,325$4,999,292
Cost of Tax Affairs46%2,915$922$2,687,229
Work Car expenses20%1,280$3,634$4,650,992
Work Travel expenses16%995$1,863$1,854,028
Self Education expenses6%370$3,917$1,449,455
Total Deductions79%5,050$5,668$28,624,194
Taxable Income99%6,275$83,241$522,337,650
Medicare Levy 70%4,435$1,558$6,909,487
Medicare Surcharge 3%160$1,202$192,302
Gross Tax 82%5,230$27,675$144,738,373
Net Tax 79%5,000$29,738$148,688,992
Average Tax 100%6,365 $23,360$148,688,992
Gross Tax Rate 82%5,230 33%$144,738,373
Net Tax Rate 79%5,000 36%$148,688,992
Average Tax Rate 100%6,365 28%$148,688,992
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $83,241. It is estimated that the average taxable income for people who paid a net amount of tax was $101408.

The average net tax paid was $29,738. This equates to an average tax of 36 cents in the dollar on taxable income.

The Medicare levy was paid by 4,435 people for an average of $1,558. 160 people paid $1,202 on average more for the Medicare surcharge.

4,840 people earned a salary or wage and took home an average of $72,312 each.

Government allowance and payments were collected by 175 people for on average $5,173. 100 people received the pension or other allowance.

Charitable gifts and donations of an average of $2,325 were made by 2,150 people.

The costs of tax affairs for 2,915 people were claimed for $922 each.